Micro Finance Development Though WSHGs: A study of Odisha Tegion


Dr. Elina Kanungo

‘Micro Finance’ is the provision of a broad range of financial services such as deposits, loans, insurance to the poor and low income household. The task force constituted by National Bank for Agriculture and Rural Development (NABARD) defined Micro Finance as the provision of thrift, credit and other financial services and products of very small amounts to the poor in rural and semi urban areas for enabling them to raise their income levels and in improving living standards. In India Micro Finance programmes are running primarily by the NABARD in the field of agriculture and Small Industries Development Bank of India (SIDBI) in the field of industries


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